Adobe Shares Drop as Q1, FY22 Outlook Trail Estimates

An Adobe Systems Inc. software box is seen in Los Angeles, Calif., on March 13, 2017. Lucy Nicholson/Reuters

Adobe Inc. FY21 revenue growth of 20 percent year-on-year to $4.11 billion, beating the consensus of $4.09 billion.

Revenue for the Digital Media segment was $3.01 billion, up 21 percent Y/Y. Creative revenue grew 19 percent Y/Y to $2.48 billion, while Document Cloud revenue rose 29 percent to $532 million.